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Speaker 1: government takeover of healthcare is gaining traction among Democrats, so
Speaker 1: says the Hill. And it's not a surprise. I warned
Speaker 1: you that single payer was the Democrats plan all along.
Speaker 1: Obamacare is supposed to fail. Democrats Senators Elizabeth Warren and
Speaker 1: Kirsten Gillibrand are pushing a proposal to provide medicare for all.
Speaker 1: The House Democrats Medicare for All bill already has a
Speaker 1: hundred and thirteen co sponsors, and a new Kaiser Family
Speaker 1: Foundation poll shows that fifty three percent of Americans support
Speaker 1: this supposedly. So why aren't more Democrats talking about single payer?
Speaker 1: Well because of the elephant in the room, the cost. Surprisingly,
Speaker 1: the Washington Post published an editorial last month headline, single
Speaker 1: payer healthcare would have an astonishingly high price tag. I
Speaker 1: guess they didn't know that when Bernie Sanders pushed Medicare
Speaker 1: for all during the campaign. The Urban Institute ran the numbers.
Speaker 1: Government spending, which is already out of sight, would rise
Speaker 1: by thirty two trillion dollars over ten years. That price tag,
Speaker 1: as the Post, would require a tax increase so big
Speaker 1: that even the Democrats socialist Mr Sanders did not propose
Speaker 1: anything close to it. Bottom line, single payer can continue
Speaker 1: to gain traction among Democrats, but if the day ever
Speaker 1: comes that it becomes law, you can forget the American
Speaker 1: economy as you know it. It's over